The #1 answer is the best interpretation, but we've left out a part that from the beginning struck me in a dramatic way. Yes, this song is about the circle of life, but it also says to me that we never really die, but rather come back.

Remember swimming under water in a swimming pool and rising to the surface, emerging from that warm wet, muted, buoyant world into the cool breezy, noisy air and normal gravity above. Imagine being born.

"Oh I feel it coming back again, like a rolling thunder chasing the wind. Forces pulling from the center of the Earth again. I can feel it."

It's not just "I feel it", it's "I can feel it /coming back again/." It's "I remember, I recognize this, it's happening, here it comes /again/." with a rush of cold air, a blast of sound, and the heavy pull of gravity.

Old life traded for new.